The 2nd property owner accepted our offer quickly due to personal circumstances on their end. 

IRS Publication 537 outlines installment sales (seller financing), which, depending on the seller's individual circumstances, can defer and sometimes reduce the amount of capital gain tax owed. 

The state has three distinct personalities (mountains, piedmont, and ocean), which limits the risk of having all of your eggs in one basket.

Opportunity Zone properties can be awesome under the right circumstances. 

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

You should NOT "help" the seller in certain circumstances, no matter how pure, sincere and full of Godly intentions you are, if they are in foreclosure or pre-foreclosure and live in the state of MD.

This post is very uplifting as I have been really down because of life’s circumstances.

Hi there, We plan to sell a house we just bought a year ago due to unforeseen circumstances. 

The only circumstances that my spouse can use my VA loan benefits is if I was disabled for a specific amount of time, killed in action or a POW. 

Usually the Veteran is using the "Change of Life" circumstance which means they are moving out of state, closer to work, school, or moving into a bigger home for increased family, out of a multifamily into a SFR, it also applies to retirees or disabilty if moving out of a larger home and into a smaller one due to up keep or mibility.Most VA loans have an assumption clause as well.